University-wide research expenditures soar 23%; School of Engineering and Science funding up 11% year-over-year
Stevens has once again set a new record for externally sponsored research activity.
Spending from research awards during the recently completed Fiscal Year 2024 totaled $63.8 million university-wide, up 23% from the previous year’s record outlays of nearly $52 million for research purposes.
Helping power that improvement, School of Engineering and Science faculty received a record $38.2 million in external funding during FY24, up 11% from the previous year’s record high.
Quantum physicist Yuping Huang, director of Stevens’ Center for Quantum Science and Engineering, acquired approximately $15 million in funding while biomedical engineer Xiaojun Yu, associate chair of graduate studies in that department and an expert on nerve-damage rehabilitation, also received more than $2.4 million in support.
Civil engineering professor Cheng Chen, a fracking expert; ocean engineering professor Marouane Temimi, an expert in flood prediction and water supply monitoring; electrical engineering professor and radar expert Hongbin Li; quantum physicist Igor Pikovski; and Stevens Center for Sustainability Director Dibs Sarkar also received more than $1 million year each from external sources during FY24.
“The continued growth, and indeed acceleration, of Stevens’ research expenditures confirms the university’s strong value proposition as a partner to government, peers and corporate America in leading-edge research in such societally important fields as engineering, quantum science, artificial intelligence, sustainability and the life sciences,” noted Ed Synakowski, Vice Provost for Research & Innovation.
“And our decade-plus growth trend in research funding — we have more than doubled external award receipts over the past 12 years — is further proof that Stevens research is on the rise.”
“Stay tuned for the next great innovations to come.”
